State Statistics Committee has taken into account the criticism of economists and decided to abandon the disclosure of operational data on gross domestic product (GDP) for the 90 th day. Data will be counted quickly - 45 days after the end of the reporting period (quarter), said first deputy head of the State Statistics Committee Vadim Pischeyko.
It is the practice in the European Union has imposed an economic crisis, despite the fact that eurostandard allow national estimates of GDP of 90 days, he said. Goskomstat published GDP at the end of I quarter II quarter - on 30 June. The fall of the economy amounted to 20,3%.
Goskomstat, switch from one methodology of calculation to another, did not publish a 45-day, as introduced Europe - declared Mr. Pischeyko. It should be noted that until 2009 in Ukraine saw GDP as monthly or quarterly basis.
Changing the format meant that the rate of fall of the economy for the II quarter will be known on 15 August. But Mr. Pischeyko warned that it would be a very preliminary assessment as Goskomstat will not have all the information. For example, the balance of payments, which is a component of GDP, the National Bank shall be submitted by 75 th day. Therefore, on the 45 th day will show only one figure of GDP, - he explained.
Experts say that the State Statistics Committee has access to a range of data through the analysis of the balance of payments of customs declarations, while the NBU provides more detailed information, adjusting the volume of imports, estimating the shadow economy and trade in services. According to analysts of IR Dragon Capital Elena Belan, preliminary estimates of GDP from the final will vary slightly - for 0,5-1%.
If you look at the monthly evolution of GDP, published by Goskomstat, and the total quarter, the difference was 2-3%, - noted the director of economic programs Center. Razumkov Basil Yurchishin.
emergence of a GDP, according to experts, can positively affect the investment climate. Trader IC Renaissance Capital Ukraine, Mikhail Zavadovsky said that it would allow investors to quickly make decisions and determine the strategy of behavior in the market. GDP - a measure to which financial markets react. With these data, we can make your investment a more accurate prediction, - added Ms. Belan. Information on the GDP is needed across the business, I'm sure Mr. Yurchishin: One thing, if the estimate of economic dynamics will be 45 days, another thing - in 90 as I was on the quarter, when it is unclear whether this information is needed.
Natalia Nepryakhin
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